CH Robinson Worldwide Inc reports results for the quarter ended in September 30 - Earnings Summary

CH Robinson Worldwide

31/10/2024 02:47

* CH Robinson Worldwide Inc  CHRW.OQ  reported quarterly
adjusted
earnings of $1.28​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 84 cents.  The mean expectation of twenty
two analysts for the quarter was for earnings of $1.15 per
share. Wall Street expected results to range from $1.00 
to $1.32 per share.
    * Revenue rose 7% to $4.64 billion from a year ago; analysts
expected $4.53 billion. 
    * CH Robinson Worldwide Inc's reported EPS for the quarter
was 80
cents​.
    * The company reported quarterly net income of $97.23
million.
    * CH Robinson Worldwide Inc shares had fallen by 2.1% this
quarter and gained 25.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.3%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 18
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the ground
freight &
logistics peer group is also "hold"

Wall Street's median 12-month price target for CH Robinson
Worldwide Inc is $112.50 
This summary was machine generated from LSEG data October 31 at
02:47 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      1.15           1.28           Beat
 Jun. 30 2024      0.96           1.15           Beat
 Mar. 31 2024      0.62           0.86           Beat
 Dec. 31 2023      0.81           0.50           Missed